8-K
filed July 11, 2024, 7:59 PM ET
ticker AIXC
CIK 0001460702
debt
confidence high
sentiment neutral
materiality 0.75
Qualigen issues $2M senior note at 18% interest; board reshuffled; convertible debenture converted
AIxCrypto Holdings, Inc.
- Issued $2M senior note at 18% annual interest, matures July 8, 2025, with prepayment from future financings.
- Richard David, Sidney Emery, Kurt Kruger, Ira Ritter resigned; Campbell Becher, Robert Lim, Cody Price appointed to board.
- Holder of $3.3M 8% convertible debenture converted entire amount into common stock; 11,382,830 shares outstanding.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 1.0
Kurt Kruger resigned as Director at AIxCrypto Holdings, Inc..
- Action
- resigned
- Role
- Director
Exact text from the filing
On July 5, 2024, Richard David, Sidney Emery, Kurt Kruger and Ira Ritter each resigned from his respective position as a member of the Company’s Board of Directors effective upon the Company’s receipt of the $2,000,000 pursuant to the Agreement.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Robert Lim was appointed as Director at AIxCrypto Holdings, Inc..
- Action
- appointed
- Role
- Director
Exact text from the filing
On July 5, 2024, the Company’s Board of Directors appointed Campbell Becher, Robert Lim and Cody Price to serve as directors on the Board effective upon the Company’s receipt of the $2,000,000 pursuant to the Agreement.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Sidney Emery resigned as Director at AIxCrypto Holdings, Inc..
- Action
- resigned
- Role
- Director
Exact text from the filing
On July 5, 2024, Richard David, Sidney Emery, Kurt Kruger and Ira Ritter each resigned from his respective position as a member of the Company’s Board of Directors effective upon the Company’s receipt of the $2,000,000 pursuant to the Agreement.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Campbell Becher was appointed as Director at AIxCrypto Holdings, Inc..
- Action
- appointed
- Role
- Director
Exact text from the filing
On July 5, 2024, the Company’s Board of Directors appointed Campbell Becher, Robert Lim and Cody Price to serve as directors on the Board effective upon the Company’s receipt of the $2,000,000 pursuant to the Agreement.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Cody Price was appointed as Director at AIxCrypto Holdings, Inc..
- Action
- appointed
- Role
- Director
Exact text from the filing
On July 5, 2024, the Company’s Board of Directors appointed Campbell Becher, Robert Lim and Cody Price to serve as directors on the Board effective upon the Company’s receipt of the $2,000,000 pursuant to the Agreement.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Richard David resigned as Director at AIxCrypto Holdings, Inc..
- Action
- resigned
- Role
- Director
Exact text from the filing
On July 5, 2024, Richard David, Sidney Emery, Kurt Kruger and Ira Ritter each resigned from his respective position as a member of the Company’s Board of Directors effective upon the Company’s receipt of the $2,000,000 pursuant to the Agreement.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Ira Ritter resigned as Director at AIxCrypto Holdings, Inc..
- Action
- resigned
- Role
- Director
Exact text from the filing
On July 5, 2024, Richard David, Sidney Emery, Kurt Kruger and Ira Ritter each resigned from his respective position as a member of the Company’s Board of Directors effective upon the Company’s receipt of the $2,000,000 pursuant to the Agreement.
View on SEC.gov
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